NYSE:TRNO - New York Stock Exchange, Inc. - US88146M1018 - REIT - Currency: USD
Taking everything into account, TRNO scores 1 out of 10 in our technical rating. TRNO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, TRNO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 54.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for TRNO in the last couple of days, which is a good sign.
53.59
We found 1 important support area.
When analyzing the resistance we notice 4 important areas.
57.63
+1.01 (+1.78%)